Middle East Business News

Do Tariffs Spell Trade War With China? Does Bolton Spell Actual War?

Dow Jones slips to its lowest this year on fresh fears of a trade war Read more

More Pain Seen In Global Equities On Trade War Jitters

Rising tensions in the Middle East will continue to support oil prices in the coming days Read more

ADFD Signs Deal With Export-Import Bank Of Korea

Deal is part of programme to enhance competitiveness of UAE exports Read more

UAE, South Korea Sign A Number Of Trade Agreements

Leaders of two countries discuss avenues of cooperation in fields of investment, economy, trade, science, technology, en... Read more

Hamdan Hails Dubai Investment Week

Calls for strengthening partnerships with the local and international investment community Read more

DP World To Develop, Manage Port In DR Congo

Company to make initial investment of $350m, with total project cost at over $1b Read more

Al Fares To Invest Dh60m In Dubai Industrial Park

The UAE-based supplier of tents and mobile structures is expected to create 500 jobs at the new premises Read more

Adnec Signs Sponsorship Agreement With Abu Dhabi Ports

The agreement aims to enhance Abu Dhabi’s position as a prominent leisure marine luxury yachts tourism destination Read more

Cybercriminals Shift To Coinmining As A New Revenue Source

Saudi Arabia is ranked first and the UAE third in the region for cryptominers Read more

China Warns Against Trade War, Appeals For Cooperation

Global financial markets have sunk on fears Chinese retaliation might prompt other governments to raise import barriers,... Read more

Saudi Dairy Firm Nadec To Buy Danone Unit Via Capital Increase

Nadec will fund the acquisition of privately held Al Safi Danone through a capital increase of 536 million riyals ($143 ... Read more

DIB Launches MyHome, A New Home Finance Product

Customers to get more choice and flexibility Read more

UK To Order Facebook, Google To Redo Data Policies: Report

The government has summoned executives from Facebook, Google and Twitter to a meeting in April to discuss data managemen... Read more

Sinopec Lifts Capex After Best Posting Annual Profits Since 2013

Sinopec net income up 10.1% in 2017 on higher oil prices Read more

S. Korea, US Reach Agreement In Principle On Trade: Minister

Seoul’s trade minister said Seoul was able to defend its ‘red line’ on farm goods and no additional concessions we... Read more